1-bed · 706 sqftMay Residence Tower 3, Jumeirah Village Circle (JVC) · 4th floor · completed 2019

412, May Residence Tower 3

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 560K24 January 2024
Current rentAED 60K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, May Residence Tower 3

What is 412 worth today?

Last sold for AED 560,000 in 2024

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7 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 85 per sqft
7 Feb 2025RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
24 Jan 2024SoldReady
AED 560,000AED 793 per sqft
14 Jan 2024RentedNew contract
AED 52,000/yr12 months · AED 74 per sqft
18 Oct 2023Sold by developerReady
AED 500,000AED 708 per sqft
2 Oct 2022RentedNew contract
AED 36,000/yr12 months · AED 51 per sqft
2 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
4th of 5
Parking
B-69
Developer
May Real Estate Development
Completed
2019
Service charge
AED 11,100 /yr
Last sold
AED 560K · January 2024

About 412, May Residence Tower 3

412 is a one-bedroom apartment of 706 sqft on the 4th floor of May Residence Tower 3, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by May Real Estate Development. It last sold on 24 January 2024 for AED 560,000, or AED 793 per sqft, 14% above the AED 697 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 7 February 2026, is AED 60,000 a year: a gross yield of 10.7% on the 2024 price, before the service charge of about AED 11,100 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical one-bed in May Residence Tower 3
500K600K700K2016201920222025Typical sale price by year: 2016 AED 600,000; 2023 AED 567,748; 2024 AED 655,000; 2025 AED 677,500; 2026 AED 711,500Sold by developer, October 2023: AED 500,000 (AED 708 per sqft)Sold, January 2024: AED 560,000 (AED 793 per sqft)

412 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 412, each contractTypical one-bed in May Residence Tower 3
40K60K2020202220242026Typical rent by year: 2020 AED 37,250; 2021 AED 32,000; 2022 AED 35,500; 2023 AED 45,600; 2024 AED 55,000; 2025 AED 57,500; 2026 AED 58,000New contract, October 2021: AED 30,000 a yearNew contract, October 2022: AED 36,000 a yearNew contract, January 2024: AED 52,000 a yearNew contract, February 2025: AED 50,000 a yearNew contract, February 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in May Residence Tower 3, and where 412 sits

All 38 1-beds →

412 last sold in January 2024 at AED 793 per sqft, 14% above what one-beds in May Residence Tower 3 were fetching at the time (AED 697). Over the last 12 months one-beds sold for AED 600,000 to 875,000, around AED 699 per sqft, and rent for AED 50,000 to 81,000 a year. 412's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026875,000
21 Aug 2026600,000
10 Aug 2026660,000
7 Apr 2026763,000
4 1-bed sales in the last 12 months

May Residence Tower 3

Building

66 apartments, studios to 1-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2019 by May Real Estate Development. 7 sold in the last 12 months.

Typical price per sqft
AED 781
Typical sale
AED 600K
Typical rent
AED 50K /yr
Typical yield
10.3%
May Residence Tower 3, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 66 units in May Residence Tower 3
Value
4011-bedAED 580K · Nov 2023
4021-bedAED 565K · Nov 2023
403StudioAED 355K · May 2016
404StudioAED 394K · Jul 2016
405StudioAED 353K · Oct 2016
406StudioAED 357K · Oct 2016
4071-bedAED 548K · Nov 2023
1–7 of 13

412, May Residence Tower 3 in numbers

  • Sold twice: first on 18 October 2023 for AED 500,000, last on 24 January 2024 for AED 560,000 (AED 793 per sqft).
  • Rented since October 2021 on 5 Ejari contracts, from AED 30,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 10.7%, before a service charge of about AED 11,100 a year (AED 15.72 per sqft).
  • One-beds in May Residence Tower 3 sold for AED 600,000–875,000 in the 12 months to November 2026; the building's median across all types is AED 781 per sqft.

Source: Dubai Land Department. Updated 7 February 2026.

Questions about 412, May Residence Tower 3

What did unit 412 last sell for?

AED 560,000 on 24 January 2024: AED 793 per sqft for 706 sqft. The unit has 2 registered sales; the first was AED 500,000 in October 2023.

What is the rent for unit 412?

AED 60,000 a year on the contract signed on 7 February 2026. The previous contract, from February 2025, was AED 50,000; the unit has been rented since October 2021.

How big is unit 412?

706 sqft (65.6 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2019.

What is unit 412 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in May Residence Tower 3 sold for AED 600,000 to 875,000 in the last 12 months, around AED 699 per sqft.

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Mortgage on 412, May Residence Tower 3

Starts from the last sale price (AED 560K, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →